A-B InBev Unwilling To Concede Modelo Sale

The Modelo Brewery in Oaxaca, Mexico. Photo courtesy of Wikipedia Commons.

Anheuser-Busch InBev NV, the world’s biggest brewer, is unwilling to sell Grupo Modelo SAB’s newest state-of-the-art beer bottling plant as a concession to win U.S. antitrust approval of its $20.1 billion takeover of the Mexican brewer, two people familiar with the matter told Bloomberg.

The Justice Department is reviewing whether the transaction hurts competition in the domestic beer market.

Read more in Bloomberg


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